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20130117
20130125
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questioning in this back to back hearing before the senate and house foreign policy panels. >> we are watching the cold weather that is gripping the country. >> as we take a look at storm tracker 4 we're not saying too much moisture. it is just scattered pop up shower is right now. it is just light rain around area here is a look at 101. you will need to use your windshield wipers however, we're not saying any flooding so that is not a concern. here is your satellite and radar picture. and out of the exiles are associated with this system and it is actually making the temperatures a little warmer this morning. it >> 10:00 a.m. we will see that it will impact the bridges. those of you are using the bay bridge toll plaza there will be a little bit of light rain. putting the clock into motion will start to see the writing shift its way east. by 2:00 p.m. it may be rain in antioch. it will be cloudy but dry. putting the clock into motion a p.m. tonight it would just be some lingering showers to the north bay perry ed there is certainly a possibility that certain spot will not see any rain at all.
on foreign policy. >>> take a look at this. unless you are at all claustrophobic. this oregon woman spent four hours trapped in an eight-inch space. this happened early wednesday morning in downtown portland. she apparently fell from a second floor smoking area, and getting her out, so tough. firefighter has to cut through a section of wall and use airbags to widen the space. rich chapman is the firefighter who pulled this woman out. >> to get her out, get her out as soon as possible and we weren't going home without her. that was it. we used basically soapy water to lube up the sides of the walls, and between us and her, she was getting out. >> airbags and soapy water. unbelievable, and look on her face when she made it out. oh, what a relief. >> oh, my goodness. good for her. >>> a detroit air man says he was fishing for perch. but he found gold. last friday as in a big, gargantuan goldfish. three pounds, close to 15 inches long. the fisherman has fished lake st. clair, 15 years, and this is his first goldfish. >> looks like something from the simpsons. >> 4 minutes after the hour. the
internally in this white house. and that in all likelihood some kind of foreign policy controversy will take over and dominate the second term like happens in most second terms. and he's very well versed in those areas. >> kelly, dennis mcdonough is probably known to most americans for his involvement on foreign policy, the raid to get osama bin laden, the surge in afghanistan. what about his relationship, though, with congress which will be more important now? >> reporter: well, when you're in a chief of staff position, you're the ultimate gatekeeper. and so a relationship with congress can center on a couple things. we saw bill daly when he was serving the president, had a different kind of style, that didn't have a lot of interaction with congress. rahm emanuel who had been of congress, a real understanding of how the body works. and to it will be interesting to see, especially because so much of that chief of staff role is about sort of the domestic playing field, how he will bring his skill set. so it's really about management. it's really about trying to keep the president on task and
. they do plan to cut jobs about 2% of the workforce. that is 630 jobs worldwide. they talk about foreign exchange revenue. and that did post a steep decline. overall certainly a winning day for state street. back to you. melissa: nicole, thanks so much. ashley: the federal reserve releasing transcripts from closed-door policy meetings from 2007. interesting reading at least. it sheds light what they knew as we headed into recession. peter barnes with more on that. peter. >> ashley, most of them did not know how bad all of this was going to get. that's clear from reading these minutes just released today from five years ago but a couple of fed officials thought it could get really bad. you remember that year, 2007, the subprime mortgage crisis hit. the housing bubble popped. the credit markets got tight and at the fomc meeting on september 18th that year, one new york fed official predicted that the subprime crisis could cost banks 100 billion to $200 billion. we know though that washington eventually ended up investing 245 billion in banks through the tarp bailout. the fed was also forec
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